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Moody's withdraws Valut-Tranzit Bank's (Kazakhstan) B1/NP deposit ratings and E+ financial strength rating

July 12, 2006 | CBonds

Moody's Investors Service has withdrawn the B1/NP long-term and short-term deposit ratings and the E+ financial strength rating for the Kazakh institution Valut-Tranzit Bank. The B1/E+ ratings have been placed on review for possible downgrade on 28 April 2006. The ratings have been withdrawn following the issuer's request.

Valut-Tranzit Bank is headquartered in Karaganda, Kazakhstan, and reported total assets of KZT82.1 billion (US$642 million) in accordance with Kazakh accounting rules as at 1 April 2006.

Company: Valut-Transit Bank

Full company nameOpen Joint Stock Company "Valut-Transit Bank"
Country of riskKazakhstan
IndustryBanks

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